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Tuesday, December 24, 2024

Kent Acres home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Kent Acres rose by $16,500 while total sales increased by 31.6%, according to BlockShopper.com.

From July through December of 2019, there were 25 homes sold, with a median sale price of $186,500 - a 9.7% increase over the $170,000 median sale price for the same period of the previous year. There were 19 homes sold in Kent Acres in the second half of 2018.

The median sales tax in Kent Acres for the most recent year with available data, 2015, was $870, approximately 0.5% of the median home sale price for the second half of 2019.

The following table compares Kent Acres to other Kent County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Bishops Corner24-50%$202,500$237,500-14.7%
Kenton78-12.5%$202,500$99,375103.8%
Milford4163-34.9%$199,995$145,29937.6%
Hudson Trails660%$189,450$165,00014.8%
Dover390495-21.2%$189,000$179,0005.6%
Kent Acres251931.6%$186,500$170,0009.7%
Hartly3032-6.3%$185,000$127,37545.2%
Spruance City15150%$185,000$200,000-7.5%
South Bowers84100%$182,000$121,999.5049.2%
Marydel1015-33.3%$180,000$111,00062.2%
Frederica4143-4.7%$179,900$174,9002.9%

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